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    FOR SALE
    Triplexes

    106 Leggett St, Jonesboro, AR 72401

    Property ID
    US05-1083625
    Property summary
    AI-generated overview

    Head North on South Caraway Rd - Turn Left at East Matthews Ave - Turn Right on Marion Berry Pkwy - Turn Left on Aggie Rd - Turn Right on Leggett St - Apartments will be on your Right. Investor Alert! This fully occupied triplex in Jonesboro, Arkansas, offers immediate rental income and long-term potential in one of the region's fastest-growing markets. Each of the three units features approx. 1,200 sq ft with 2 bedrooms, 2 full bathrooms, open layouts, and a private 2-car garage, providing modern comfort and functionality that keeps tenants long-term. The property is in a prime location within walking distance to Arkansas State University, making it a consistent favorite for students, faculty, and staff. With shopping, dining, and local hotspots just minutes away and downtown only a quick drive. This location guarantees steady demand and high occupancy rates. Jonesboro is booming with growth, and this property sits at the center of it all. A new Downtown A-State connection trail could enhance walkability between campus and downtown's restaurants and entertainment. Major venues like Centennial Bank Stadium and First National Bank Arena continue to draw thousands each year, while new investments such as the Windgate Hall of Art and Innovation highlight the area's momentum. Add in Jonesboro's thriving economy and vibrant community of nearly 84,000 residents, and you have a rental property positioned for lasting success. With all units rented and demand only rising, this is a turn-key investment opportunity you don't want to miss!

    Property profile
    Verified
    Property type Triplexes
    UPID US05-1083625
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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